Ref. No. 21123 Residential Land
€580,000
Plus VAT
Kokkinotrimithia
Nicosia
Residential
Land
6947m²
Plot
Property Consultant
Gareth Ronweil
Property Description
This property is a field in Kokkinotrimithia, Nicosia.
The property is located c. 200m southeast of Kokkinotrimithia’s high school and c. 1km northeast of Kokkinotrimithia village center.
The property has an area of 6,947sqm and benefits from c. 150m road frontage along its south border. There is a derelict structure along the field’s east border. With the completion of a compulsory purchase the property will be divided into two fields of 997sqm and 4,662sqm.
The immediate area comprises of residential developments and undeveloped parcels of land.
The property falls within residential planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m.
THE PRICE IS SUBJECT TO VAT.
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
The property is located c. 200m southeast of Kokkinotrimithia’s high school and c. 1km northeast of Kokkinotrimithia village center.
The property has an area of 6,947sqm and benefits from c. 150m road frontage along its south border. There is a derelict structure along the field’s east border. With the completion of a compulsory purchase the property will be divided into two fields of 997sqm and 4,662sqm.
The immediate area comprises of residential developments and undeveloped parcels of land.
The property falls within residential planning zone H3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m.
THE PRICE IS SUBJECT TO VAT.
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
Property Features
Plus VAT
Transfer Fees
€20,868
BUYING AS AN INDIVIDUAL
€19,800 Transfer fees + €1,068 Stamp Duty
€17,468
BUYING ON JOINT NAMES
€16,400 Transfer fees + €1,068 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
